Stock Information Portal

Price and trend forecast of JWL for Tomorrow, Weekly, Monthly

Jupiter Wagons Limited

Symbol: NSE:JWL

ISIN: INE209L01016

617.00

As on 2024-07-26

195.05 (52W Low) 748.10 (52W High)

JWL's Today's Performance

Jupiter Wagons Limited started the day by opening at 632.05 today 2024-07-26. Its shares reached a high of 644.95 and dipped to a low of 615.80 in intraday. When the markets closed, JWL’s stock price settled at ₹617.00 per share. Also check out its key support and resistance levels.

JWL Buy/Sell Targets

Tomorrow, sell JWL when its price reaches ₹ 617.00 with a stop-loss order at ₹ 630.65. You can set the target price as ₹ 603.35 to capture potential gains. This sell position balances the risks and rewards evenly, aiming for a 1:1 risk-reward ratio.

In the sections below, we will discuss detailed share price target of JWL for tomorrow's session along with weekly levels. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.

Important Down levels for JWL

Downside Targets Value in ₹
Tomorrow Down Target 1 636
Tomorrow Down Target 2 655
Tomorrow Down Target 3 665

Important Levels for JWL

Holding Levels Value in ₹
Tomorrow Up Target 1 607
Tomorrow Up Target 2 597
Tomorrow Up Target 3 578
Based on where the stock opens tomorrow, if JWL opens on a positive note, our first target will be ₹636. If Target 1 is achieved, we will aim for Target 2 which is ₹655.

But if JWL falls below the average value of ₹625.92, you can enter a sell side position with target number 1 - ₹607 and second target - ₹597 This average value also act as support and resistance level. When the stock is trading above the average, it will act like support area. Another important thing is, stocks usually get back to this average value when the price trades too far from avg. In simpler words we can consider the average price as a magnet.

Daily Volume chart of JWL

Looking at JWL, we've seen a Decreasing trend in its trading volume over the past week, which really tells us how active traders have been with this stock.

In terms of its price, JWL has been on a Downward path, giving us insights how its value changes in the market.

Based on this, the predicted sentiment for JWL is moderate bearish.

Tomorrow's Volume based share price Forecast for JWL

JWL's Volume is currently in a Decreasing trend, and Price is in a Downward direction. Therefore, we can say the stock is in a moderate bearish trend. Volume trend strength over the last month compared to the last week is 10%.

Reversal detection for JWL

Predicted trend chart of JWL tomorrow for price forecast
JWL may trend may continue to be bearish since stock is making lower low and we can get target of ₹632 in morning tomorrow
Target 1 tomorrow637
Target 2 tomorrow644
Target 3 tomorrow655
 

Investferry’s trend analysis method detects short term overbought and oversold situations to identify reversal in stocks. Use this as reference for short term counter trend trades.

Combine this trend forecast with JWL's tomorrow's target prediction and you will have a base for what can be done in the upcoming trading session.

Based on where the stock opens tomorrow, if JWL opens on a positive note, our first target will be ₹636.03. If Target 1 is achieved, we will aim for Target 2 which is ₹655.07.

But if JWL falls below the average value of ₹625.92, you can enter a sell side position with target number 1 - ₹606.88 and second target - ₹596.77

JWL's Weekly Targets
1st Up Target 650.88
2nd Up Target 684.77
1st Down Target 582.08
2nd Down Target 547.17

As the week for JWL ended on bullish sentiments, we can expect further continuation of this sentiment. JWL's initial target will be 650.88 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 582.08 in the upcoming week.

Weekly OHLC Values
Open 605.00
High 649.85
Low 581.05
Close 617.00

Week for JWL started with an open price of 605.00, and the close was at 617.00. JWL reached the highest of 649.85 and dipped lowest up to 581.05 last week. This indicates a bullish sentiment for the week.

JWL full month swing targets
Monthly Up Target 1 719.68
Monthly Up Target 2 753.57
Monthly Down Target 1 513.28
Monthly Down Target 2 409.57

Targets of ₹719.68 can be expected to be reached in the coming month. Once JWL achieved this target, we can aim for the next upside target of ₹753.57.

JWL if fails to hold upside, down targets of ₹513.28 and ₹409.57 can be achieved by end of this month.

For complete three weeks if JWL is bullish, the stock may decline in the last week on the month as traders usually close their positions. So in this case, you should aim for weekly support level which will act as targets here.

Related Stocks in the Same Sector as JWL

Symbol Name Industry
LT Larsen & Toubro Limited Engineering & Construction
ADANIPORTS Adani Ports and Special Economic Zone Limited Marine Shipping
HAL Hindustan Aeronautics Limited Aerospace & Defense
SIEMENS Siemens Limited Specialty Industrial Machinery
BEL Bharat Electronics Limited Aerospace & Defense

Summary

JWL is expected to reach the target of 636.03 in tomorrow's trading session.

After achieving the initial target in JWL, we will aim for higher targets of 655.07 tomorrow.

However, if JWL starts to trade below ₹625.92, then we will shift our focus to the sell side and aim for down targets of 606.88 and 596.77.